Mahindra Logistics Limited

rs,

4/2024 Date: 29 January 2024 To, BSE Limited, (Security Code: 540768) Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Dear Sirs, National Stock Exchange of India Ltd., (Symbol

Rs. 10,000 crore

CCELERATING COMMERCE EMPOWERING COMMUNITIES TO RISE Igniting Success* Vision RISE to be a Rs. 10,000 crore logistics service provider by FY 2026; delivering exceptional customer experience through differ

25%

s 4th largest automobile market in the world Favorable ecosystem for exports & government support 25% contribution in contract logistics market CA I: Hero 10% contribution in contract logistics

10%

m for exports & government support 25% contribution in contract logistics market CA I: Hero 10% contribution in contract logistics market FMCG / Durables/ Retail 02 ▪ Durables is growing at

22%

ontribution in contract logistics market FMCG / Durables/ Retail 02 ▪ Durables is growing at a 22% CAGR, to reach $22 Bn by 2025 PSG ▪ Govt support through allocation of $976 Mn in PLI schemes

100%

▪ ▪ ▪ Demand driven by investments, capacity creation in core sectors ▪ Government Initiatives - 100% FDI, Make in India FY23-24 budget outlay of $120 Bn in infrastructure BOSCH Fastest growing ind

20%

o 4 amazon ED Air travel is back to pre-covid levels ▪ Office leasing is expected to grow at 20% CAGR ▪ Corporate employees are gradually moving to work from office WLPRO Allianz 0 airtei

1.1 Million

levels. Our multi-client warehousing expansion remain on track with new expansion announcements of 1.1 Million Square Feet. We are optimistic of strong growth driven by order intake across our businesses and c

Rs. 1,097 crore

03 il l III III IIII II -..-,-.--- 05 04 0 I 0 V e 0 ▪ Overall revenue at Rs. 1,097 crore, up 5% YoY ▪ Gross Margin at 11.3% ▪ Ecommerce market capacity corrections slowing down ▪ Subdu

5%

IIII II -..-,-.--- 05 04 0 I 0 V e 0 ▪ Overall revenue at Rs. 1,097 crore, up 5% YoY ▪ Gross Margin at 11.3% ▪ Ecommerce market capacity corrections slowing down ▪ Subdued fest

11.3%

05 04 0 I 0 V e 0 ▪ Overall revenue at Rs. 1,097 crore, up 5% YoY ▪ Gross Margin at 11.3% ▪ Ecommerce market capacity corrections slowing down ▪ Subdued festive peak ▪ Healthy order int

Rs. 96 crore

n ▪ Subdued festive peak ▪ Healthy order intake, focus speed of execution ▪ Overall revenue at Rs. 96 crore, up 5% YoY ▪ Strong pipeline across corporate and retail ▪ Improvement in service levels ▪ Fo

“Confidential 43 44 ssappris Sup.!ugi Path to Value Creation 41lir 110441•4‘>, Path to ROE Core Growth Path to Value Creation -4111* 4-41* Rivigo Turnaround Leadership in contract logistics Monetize investments 44 Leverage synergies between core business & acquisitions Integrated solutions Digital Platform is )4, OJOUILIOLL SDI-I-51901 Margin expansion Customer service excellence Partnerships 18% Return on Equity by FY26 ..”

Note

1

Company

1

Investor Relations Advisors

1

Email

1

Website

1

Note

1. Warehousing yield excluding MESPL & whitespace 2. Pre-Ind AS Gross Margin mahindra LOGISTICS .. Confidential 40 Igniting Success* Income Statement Particulars Revenue Other Income GM GM (%) Total Overheads EBITDA EBITDA (%) Depreciation - Fixed Assets - Lease (IND AS) EBIT Finance Cost - Finance Charge - Lease (IND AS) Exceptional Items PBT Tax PAT (before JV) PAT (after JV) PAT (%) Basic EPS (in Rs.) Q3FY24 1,397.2 Q3FY23 1,329.6 2.2 126.3 9.0% 74.3 52.0 3.7% 18.3 33.2 2.7 7.3 8.8 -3.8 -9.5 6.8 -16.4 -17.1 -1.2% -2.42 5.6 131.1 9.9% 68.4 62.7 4.7% 18.8 31.0 18.5 6.1 8.8 - 3.6 1.9 1.7 1.1 0.1% 0.19 Y-o-Y 5.1% -3.7% (82 bps) -17.1% (100 bps) -85.2% -368.3% -1631.1% (131 bps) 9MFY24 4,055.2 9MFY23 3,855.8 15.0 388.4 9.6% 216.2 172.2 4.2% 56.5 101.2 29.5 22.6 27.8 - -17.2 23.0 -40.2 -41.2 -1.0% -5.82 12.0 382.9 9.9% 186.9 196.0 5.1% 49.4 84.9 73.8 10.4 24.2 - 39.2 11.9 27.3 25.7 0.7% 3.76 Y-o-Y 5.2% 1.4% (35 bps) -12.2% (84 bps) -60.1% -143.8% -260.2% (168 bps) mahindra LOGISTICS Note:

Company

mahindra LOGISTICS CIN: L63000MH2007PLC173466 Mr. Saurabh Taneja Chief Financial Officer CFO.MLL@mahindralogistics.com

Investor Relations Advisors

s GA Strategic Growth Advisors CIN: U74140MH2010PTC204285 Mr. Shogun Jain / Mr. Mandar Chavan shogun.jain@sgapl.net / mandar.chavan@sgapl.net +91 77383 77756 / +91 96993 82195 www.mahindralogistics.com www.sgapl.net mahindra LOGISTICS .. Confidential 45 THANK YOU mahindra LOGISTICS Corporate Office Corporate Office 10 & 11 Floor, Arena Space 10 & 11 Floor, Arena Space Plot No 20, Jogeshwari-Vikhroli Link Road, Plot No 20, Jogeshwari-Vikhroli Link Road, Near Majas Depot, Jogeshwari (East) Near Majas Depot, Jogeshwari (East) Mumbai- 400 060 Mumbai- 400 060 Maharashtra, India Maharashtra, India C.I.N: L63000MH2007PLC173466 C.I.N: L63000MH2007PLC173466

Website

www.mahindralogistics.com www.mahindralogistics.com mahindra LOGISTICS 4Hgrds RIVIGO alyte z ihIERU WHI;)ARD